Companies like Snap and Block cited AI as a factor in recent layoffs. Coinbase's CEO said on May 5 that the company will cut 14% of its workforce, in part due to AI. Cloudflare announced 1,100 layoffs ...
Companies such as Meta, Amazon, and Coinbase have said they're trimming staff this year. Many firms have cited the rise of AI as a reason they need fewer staff. See the list of companies letting ...